Please quote correctly since this is what Bo Lingam said, not next month btw

"Lingam said they would have to dismiss “more employees on a furlough basis” if the interstate travel ban remained until May."

"just released"

News has been out since the 10th of March, if it were to affect the stock price it would have already.

Still uptrend though

There is still a cap of 4% for shorting so don't worry too much.

I have been holding since RM0.628 when naysayers are literally everywhere.

I don't think so, if the QR is worse than expected then I expect it to retrace and then rebound shortly after. The fact is that airline/tourism related stocks are on the uptrend worldwide. If you were to follow analyst recommendations, you would still be holding glove stocks.

Hopefully this giant doesn't go back to sleep.

Low volume day other than the 10m+ shares dumped by the institutions in the morning at 11:22.

@rr88 So you are saying MMC will drop to RM0.90+, on what basis? Your calls for other stocks have been rather inaccurate. Why should we even take your word.

Duh of course it will be bad, doesn't take a genius and it is probably reflected in the share price. The question is how bad.

https://themalaysianreserve.com/2021/03/11/airasias-placement-exercise-draws-investors-interest/

Tomorrow is the day guys. I am guessing the share price will drop since they will be releasing their financial results. Hope it won't be as bad as the analysts thinks.

Hope that this counter can emulate MSM somewhat.

Suddenly so weak, too many profit takers.

That's a massive block at 1.18, 38 sellers and nearly 5m shares. Some institutions are probably involved.

Today's pattern is quite similar with MSM

Oh man, hope it at least maintains RM1.02.

Some of you guys are way too optimistic, it will probably go past RM1 after they announce the lifting of interstate travel restrictions, RM1.5 might be possible if they lift international travel restrictions.

AirAsia is literally a conglomerate of tech startups at this point aside from their airline business.

https://twitter.com/Khairykj/status/1368021720607518722

Seems like AirAsia is testing the use of drones for deliveries in Cyberjaya.

Damn, hope I didn't jinxed it.

A lot of profit takers today, hopefully it stays above RM1.

https://www.scmp.com/news/hong-kong/transport/article/3123952/hong-kong-businessman-and-poker-player-stanley-choi-backs

"Choi said he was keen to help grow AirAsia’s presence in mainland China, which is a weaker link in its network of pan-Asia flights."

Some institution probably dumped millions of shares and pushed the price back below RM1.

AirAsia plans to list Teleport within the next 18 months

AirAsia's head of data science is a Singaporean who is the former head of data science from Grab, enough said.

Everyone knows it is red. The question is not whether it is red, it is how red the QR is.

Curious to see how many shares are being shorted for AA today since 9m shares were shorted yesterday.

@lanikai No way that will happen, he is just the DG and I doubt the PM will allow this from an economical standpoint. The tourism/hospitality industry will be more or less wiped out if that is the case.

Glad that I bought some warrants as well.

Weak, I hope this is not foreshadowing a bad QR.

That's because Grab already got a digital banking license in Singapore and they need the manpower, AA will be the same once they get the digital banking license here. Please don't be so salty because you missed the boat to buy AA at a cheaper price.

oh man... the salt from glove shareholders. Still holding tightly to your glove shares?

You should ask yourself that question since you are having paper loses in glove stocks while they are on a downtrend. I am not the least bit worried because I am up nearly 50%.

I am talking when Genting was about RM3 la, not now.

Almost another half a million share dump again. Low key regret not buying Genting shares instead. I really thought this counter will fly since its valuation took a hit because of this pandemic. Should have known better that the institutions are holding a lot of MMC shares which means they can manipulate it easily.

That half a million share dump sure doesn't help with this kind of volume, the thing is that this happens almost on a daily basis.

Just hold and relax, been holding at an average price of 0.628.

@ahchee99 You are buying into propaganda... China also bought 100m of Pfizer's vaccine even they talk shit about it. Let the data speak for itself, China's vaccine has yet to even finalise their phase 3 results and post it on The Lancet.

Can share the hints? I don't use tiktok

@richardlam Dude if you really want to share this, share it in AAX's counter and share the link instead. It's getting annoying.

This counter desperately needs to have a better QR otherwise it will continue to slump further.

I don't think this will happen since Syed Mokhtar wants to raise about RM4b+ from first time share sale if the listing happens.

I know there is private placement, I am just talking about the additional fund raising they are planning.

I guess we will know whether there will be a rights issue next month, I am more inclined to think they will be a rights issue still.

All that action last Friday and we're back to 80.5 sen.

Typo, 27th of February for Sinovac.

Aiyo this GloveWin didn't keep up with the podcast or what? Sinovac will be coming next week on the 29th, Pfizer will deliver to us every 2 weeks in roughly equal batches. Sputnik and AstraZeneca will also deliver to us soon, I am guessing around March.

Go wear your gloves and cry somewhere else hahaha.

@thor85

That's actually a real possibility since the government targets to complete their vaccination drive by December and they plan to issue vaccination passports as well. I am guessing 1985 is your birth year so you will probably receive it earlier than December, earlier if you have any sort of underlying conditions like diabetes, cancer, etc. You should listen to the BFM and Clubhouse podcast with Khairy and his advisors to learn more about the vaccines and the procurement process.

@thor85

That's the thing, if everyone knows a company is making super profits/losses because of covid over the next couple of quarters. It means it is already factored in the share price. That's how the market works since the stock market is forward looking.